Deal Description

A profit making ev 2 Wheeler venture based in Pune, is available for outright sale/takeover. We are a 2 year old establishment, having 4 ICAT approved models which are well accepted & sold in good numbers thru a strong dealer network. Our 3 high speed models are ready to undergo formalities which includes a motorcycle too. We are totally debt free. Sales around 5 Cr. PBT 50 lakh INR. We have strong network with proper investment like security deposit of ?5 lakh to Rs. 20Lakh. We have dealers spread and few under finalization in Maharashtra,W.B , North East India. Looking to sell out with Goodwill, brand, resources and intellectual property. Expected price Rs.15 Cr negotiable + moveable assets at actual cost. The valuation using the Berkus method/ by CA team is much much above this price tag. Only serious and financially strong parties shall contact us thru email, by sharing the current business profile. If required, we can offer marketing and sourcing traction at extra cost for next 2 - 3 years. As per concrete plan & innovative strategy we expect very good sales and GP of Rs. 100 Cr. in next 3 years, subject to availability of sufficient working capital. We are also in talks with few VCs for raising funds, which shall help buyer to raise working capital. email :- [email protected]

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